New Posts For Thread: No reduction factor on in-play bets ?https://community.betfair.com/horse_racing/go/thread/view/94102/30676337/no-reduction-factor-on-in-play-betsI was betting the 15:55 race at Taunton where one of the favourites Billy Merriott did not start the race. I was under the impression that the bets i was placing during the race would get a reduction factor applied to them, as the horse had not beenian merseyside 07 Apr 16 19:34 It's grossly unfair for the layer. Let's say there is a race with just 3 runners and the decimal prices are 2, 7 and 50. A punter wants to lay the outsider at 40 so places the bet to go "in-running" if not matched behttps://community.betfair.com/horse_racing/go/thread/view/94102/30676337/no-reduction-factor-on-in-play-bets?post_id=548331045#548331045ian merseyside 07 Apr 16 19:34 It's grossly unfair for the layer. Let's say there is a race with just 3 runners and the decimal prices are 2, 7 and 50. A punter wants to lay the outsider at 40 so places the bet to go "in-running" if not matched beFri, 08 Apr 2016 09:24:46 -0500ian merseyside • April 7, 2016 7:34 PM BSTIt's grossly unfair for the layer. Let's say there is a race with just 3 runners and the decimal prices are 2, 7 and 50. A punter wants to lay the outsider at 40 so places the bet to go "in-running" if nohttps://community.betfair.com/horse_racing/go/thread/view/94102/30676337/no-reduction-factor-on-in-play-bets?post_id=548328745#548328745ian merseyside • April 7, 2016 7:34 PM BSTIt's grossly unfair for the layer. Let's say there is a race with just 3 runners and the decimal prices are 2, 7 and 50. A punter wants to lay the outsider at 40 so places the bet to go "in-running" if noFri, 08 Apr 2016 04:37:12 -0500And if the short price fav falls his mug bet also gets snapped up. anyone leaving bets to go on in running is an idiot who is going to lose all their money, so there isn't any point in protecting them imo.https://community.betfair.com/horse_racing/go/thread/view/94102/30676337/no-reduction-factor-on-in-play-bets?post_id=548328727#548328727And if the short price fav falls his mug bet also gets snapped up. anyone leaving bets to go on in running is an idiot who is going to lose all their money, so there isn't any point in protecting them imo.Fri, 08 Apr 2016 04:34:12 -0500From Betfair's R&Rs (section 13.6):"In the event of a late withdrawal, Betfair reserves the right to remove the runner after completion of the race. In this case only those bets matched prior to the off will be affected by a reduction factor."https://community.betfair.com/horse_racing/go/thread/view/94102/30676337/no-reduction-factor-on-in-play-bets?post_id=548328601#548328601From Betfair's R&Rs (section 13.6):"In the event of a late withdrawal, Betfair reserves the right to remove the runner after completion of the race. In this case only those bets matched prior to the off will be affected by a reduction factor."Fri, 08 Apr 2016 04:07:35 -0500This clears up my question , I was about to say that I can't ever remember the bookies making a book that was overbroke on a 4 runner race . Fact is they didn't !https://community.betfair.com/horse_racing/go/thread/view/94102/30676337/no-reduction-factor-on-in-play-bets?post_id=548324401#548324401This clears up my question , I was about to say that I can't ever remember the bookies making a book that was overbroke on a 4 runner race . Fact is they didn't !Thu, 07 Apr 2016 14:29:00 -0500It's grossly unfair for the layer. Let's say there is a race with just 3 runners and the decimal prices are 2, 7 and 50. A punter wants to lay the outsider at 40 so places the bet to go "in-running" if not matched before the off. Just prior to thehttps://community.betfair.com/horse_racing/go/thread/view/94102/30676337/no-reduction-factor-on-in-play-bets?post_id=548323667#548323667It's grossly unfair for the layer. Let's say there is a race with just 3 runners and the decimal prices are 2, 7 and 50. A punter wants to lay the outsider at 40 so places the bet to go "in-running" if not matched before the off. Just prior to theThu, 07 Apr 2016 13:34:24 -0500nohttps://community.betfair.com/horse_racing/go/thread/view/94102/30676337/no-reduction-factor-on-in-play-bets?post_id=548322523#548322523noThu, 07 Apr 2016 11:49:09 -0500The Rf is set on the morning prices and is occasionally adjusted for big moves. even if the price of Billy Merriot had been backed into 1.01 the RF would have still be 25% - basically teh RF is not very fluid - requires a manual adjustment by BF. Ashttps://community.betfair.com/horse_racing/go/thread/view/94102/30676337/no-reduction-factor-on-in-play-bets?post_id=548322515#548322515The Rf is set on the morning prices and is occasionally adjusted for big moves. even if the price of Billy Merriot had been backed into 1.01 the RF would have still be 25% - basically teh RF is not very fluid - requires a manual adjustment by BF. AsThu, 07 Apr 2016 11:48:39 -0500onlooker knows his eggs...............https://community.betfair.com/horse_racing/go/thread/view/94102/30676337/no-reduction-factor-on-in-play-bets?post_id=548322347#548322347onlooker knows his eggs...............Thu, 07 Apr 2016 11:35:50 -0500the BSP deduction.... % ......er....thingy???https://community.betfair.com/horse_racing/go/thread/view/94102/30676337/no-reduction-factor-on-in-play-bets?post_id=548322297#548322297the BSP deduction.... % ......er....thingy???Thu, 07 Apr 2016 11:33:08 -0500